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Property Description
Investors! Check out this multi-family property nestled between the seaside charm of Stonington Borough, the mill-village character of Pawcatuck, and a short trip to beaches in Westerly, RI. Comprising 2 units with flexible 1 and 2 bedroom layouts, this property combines steady cash flow with latent upside plus an enviable location that tenants will love. Just moments from the iconic Stonington Lighthouse Museum, Stonington Harbor, and the quaint boutiques, galleries, and cafes along Water Street. The Pawcatuck side provides its own character underscoring the area’s rich industrial past. This building offers residents true walkability. Inside, each unit offers separate utilities, ample storage options, and appliances. The building itself is well-maintained and offers an additional selling feature with a detached covered garage. From here, commuter connections are seamless being just minutes from I-95. The area’s increasing attractiveness gives this asset unique appeal in a competitive market. Offering a stable, cash-flowing platform with clear paths for rental growth and amenity enhancements, this property is more than a building – it’s a lifestyle investment. For those who value location, walkability, and character, this is an opportunity that checks every box. Schedule a private showing and explore how this property can anchor your next portfolio move.
Features
Heating System:
Baseboard
Cooling System:
No
Basement:
Full, Unfinished, Concrete Floor, Hatchway Access, Storage, Sump Pump, Shared Basement
Foundation Type:
Concrete, Brick
Heat Fuel Type:
Oil, Electric
Exterior Siding:
Vinyl Siding
Fireplaces Total:
0
Parking Total Spaces:
4
Hot Water Description:
Electric, Domestic, Oil
Lot Description:
Lightly Wooded, Historic District
Water Source:
Public Water Connected
Address Map
Street:
Mechanic
Street Number:
77
Floor Number:
0
Longitude:
W72° 9′ 57.3”
Latitude:
N41° 22′ 22.6”
MLS Addon
Office Name:
Century 21 North East
Agent Name:
Ashley Baillargeon
List Agent MLSID:
856193
List Office MLSID:
EDDY01
Tax Year:
July 2025-June 2026
Directions:
Use GPS
Elementary School:
West Vine
High School:
Stonington
HOA Fee Amount:
$0
Parcel Number:
2075713
Property Tax:
$3,674
Zoning:
PV-5

Multi-family For Sale

77 Mechanic, Stonington, 06379

3 Bedrooms
2 Bathrooms
1,755 Sqft
$370,000
Listing ID #24130213
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24130213
Price :
$370,000
Bedrooms :
3
Baths Total :
2
Bathrooms :
2
Half Bathrooms :
0
Square Footage :
1,755 Sqft
Year Built :
1880
Lot Area :
0.24 Acre
City:
Stonington
Zipcode:
06379
Property Sub Type :
2 Family
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…